Seller's Agent in 2022
Jennifer Wilson
Wits Realty
(651) 894-1800
2 in this area
111 Total Sales
7545 16th Ave S Richfield, MN 55423
Estimated Value: $467,000 - $533,622
6
Beds
4
Baths
3,250
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- No HOA
- 2 Car Attached Garage
- Corner Lot
- Home Office
- 2-minute walk to Washington Park
About This Home
As of September 2022Wonderful, one-of-a-kind home in an excellent Richfield location! Lots of space, with a large addition on the back of the home with greatroom, 2 car garage with workshop, and 4 additional bedrooms above. Floorplan is flexible and flows really well, with the dining/great room between the kitchen and upper bedrooms. Could be ideal setup for multigenerational living or a large family! 7 legal bedrooms, one is used as an office. Basement has good space for a possible mother-in-law expansion as well, with a separate entrance from the garage. There is also a ton of storage space, both in the unfinished part of the basement as well as a workshop at the back of the garage. Newer MAC windows and doors in the addition. Washington park across the street is currently being improved, and has/will have pickleball, soccer field, sledding hill, and walking trails!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,727
Year Built
- Built in 1956
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 72x133
- Property is Fully Fenced
- Privacy Fence
- Vinyl Fence
- Wood Fence
- Corner Lot
Parking
- 2 Car Attached Garage
- Heated Garage
- Tuck Under Garage
- Insulated Garage
Home Design
- Split Level Home
Interior Spaces
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 200+ Amp Service
Community Details
- No Home Owners Association
- Larsons South View Gardens 1St Subdivision
Listing and Financial Details
- Assessor Parcel Number 3502824410042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2022
Closed on
Aug 31, 2022
Sold by
Lang Andrew R and Lang Linda L
Bought by
Waite John and Waite Dorcas
Seller's Agent
Jennifer Wilson
Wits Realty
Buyer's Agent
Elie Safi
RE/MAX Results
List Price
$450,000
Sold Price
$471,000
Premium/Discount to List
$21,000
4.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,406
Avg. Annual Appreciation
-1.26%
Original Mortgage
$447,450
Outstanding Balance
$432,430
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$21,406
Purchase Details
Closed on
Nov 20, 2009
Sold by
Bengston Ludeen and Bengston Kathleen
Bought by
Lang Andrew R and Lang Linda L
Purchase Details
Closed on
Oct 31, 2008
Sold by
Citimortgage Inc
Bought by
Bengston Ludeen
Purchase Details
Closed on
Nov 3, 2000
Sold by
Srdar Frank Matt and Srdar Mary Jane
Bought by
Mccarthy Linda J and Mccarthy Charles J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waite John | $471,000 | -- | |
| Lang Andrew R | $237,500 | -- | |
| Bengston Ludeen | $137,500 | -- | |
| Mccarthy Linda J | $177,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waite John | $447,450 | |
| Previous Owner | Lang Andrew R | $155,000 | |
| Previous Owner | Mccarthy Charles J | $269,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $471,000 | +4.7% | $145 / Sq Ft |
| 08/03/2022 08/03/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $450,000 | -- | $138 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $6,875 | $450,600 | $118,000 | $332,600 |
| 2022 | $4,727 | $393,000 | $112,000 | $281,000 |
| 2021 | $4,524 | $337,000 | $103,000 | $234,000 |
| 2020 | $4,504 | $320,000 | $94,000 | $226,000 |
| 2019 | $4,408 | $306,000 | $96,000 | $210,000 |
| 2018 | $4,314 | $294,000 | $83,000 | $211,000 |
| 2017 | $3,666 | $255,000 | $70,000 | $185,000 |
| 2016 | $3,429 | $227,000 | $65,000 | $162,000 |
| 2015 | $3,265 | $220,000 | $58,000 | $162,000 |
| 2014 | -- | $201,000 | $56,000 | $145,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller Co-Listing Agent in 2022
Matthew Wilson
Wits Realty
(612) 444-5507
1 in this area
60 Total Sales
-
Buyer's Agent in 2022
Elie Safi
RE/MAX Results
(612) 590-7234
7 in this area
247 Total Sales
-
Buyer Co-Listing Agent in 2022
Deborah Safi
RE/MAX Results
(612) 267-3018
5 in this area
198 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6242411
APN: 35-028-24-41-0042
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